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republicans elected won those elections running on the limited government and less taxes. they shouldn't give in to that. principle is wrong and the president doesn't have a serious plan. his idea of raising taxes will run it for a few days. it's a political trophy to the left. we need to do what is good for america despite what he has been able to sell the media. taxing the rich is not going to help the middle class. >> bret: are you going to run for president? >> guest: i am president of the heritage foundation and that is the job i want. >> bret: senator, thank you very much. good luck. >> bret, thank you. >> bret: still ahead -- it's not every day you see an 81-year-old former senator dancing gangnam style. we'll talk with alan simpson about his unique approach to fiscal sanity. up next, is syria's president dancing with the del preparing chemical weapons? -- devil by preparing chemical weapons? ve kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures l
republicans elected won those elections running on the limited government and less taxes. they shouldn't give in to that. principle is wrong and the president doesn't have a serious plan. his idea of raising taxes will run it for a few days. it's a political trophy to the left. we need to do what is good for america despite what he has been able to sell the media. taxing the rich is not going to help the middle class. >> bret: are you going to run for president? >> guest: i am...
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Dec 6, 2012
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so 3% -- he got three points less in this election. i don't think it had anything do with voter suppression and all that kind of stuff. that three points didn't go to republicans because republicans don't -- >> jont, judith to that, because i hear it. >> let me continue to respond. you have had a lot of intro -- >> there's more coming. >> the fact is i think that 3% it didn't go to republicans and it didn't go to the president, but it didn't go to republicans because i think republicans have dropped the ball in terms of trying to establish deeper relationships with these communities, and the fact that someone might have speculation about voter suppression and so forth, it tends to carry a lot more weight -- >> the problem is that there's -- >> no credibility. >> the problem is this isn't speculation. we have admissions by governor crist. he has -- there's no reason for him to lie about the fact that the republican party in florida actually did this so that democrats could lose, and then on top of it really targeted african-americans an
so 3% -- he got three points less in this election. i don't think it had anything do with voter suppression and all that kind of stuff. that three points didn't go to republicans because republicans don't -- >> jont, judith to that, because i hear it. >> let me continue to respond. you have had a lot of intro -- >> there's more coming. >> the fact is i think that 3% it didn't go to republicans and it didn't go to the president, but it didn't go to republicans because i...
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Dec 6, 2012
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election day is the moment to celebrate the winners in politics. but for musicians, the big night is the grammys. the list includes familiar stars like kanye west and adele and maroon 5. there's one category that really caught my eye. it's the one for best spoken album, which includes audio books as well. check out the nominees. first lady michelle obama. she's nominated for her book, american grown. but look at her competition. it's former president bill clinton. he's nominated for his book "back to work." my colleague and friend, rachel maddow was nominated for her book "drift." incredible. but i'm disappointed. there's some serious snubs this year. i mean, how did this fellow performer not make the list. ♪ >> that deserved something. and mitt romney's tough year just got tougher. look at this snub. ♪ o beautiful for spacious skies for amber waves of grain ♪ ♪ for purple mountains majesty, above the fruited plain ♪ >> and perhaps the biggest snub of all, not jusn
election day is the moment to celebrate the winners in politics. but for musicians, the big night is the grammys. the list includes familiar stars like kanye west and adele and maroon 5. there's one category that really caught my eye. it's the one for best spoken album, which includes audio books as well. check out the nominees. first lady michelle obama. she's nominated for her book, american grown. but look at her competition. it's former president bill clinton. he's nominated for his book...
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Dec 6, 2012
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>> i mean you,ed have had all of the advisers at post election conference saying it wasn't. michele bachmann put a ton of time, resources and that didn't turn into anything, as you well know. the governor has said it's irrelevant we should move beyond it. when you have governor of the party saying we should move beyond it and the top consultants on the last campaign saying, yeah it doesn't matter, you know, i think it's probably losing its significance. >> michele bachmann won the ames straw poll and finished sixth, sixth in the iowa caucuses. the other one i thought was right on, saving money to advertise in october is a good idea. turns out not, why? >> this, i think, could have the most lasting impact going forward that will be interesting to see in 2016. as you well know, the obama campaign made an early decision to define mitt romney in may and june, coming out of the primary. went right into the states, sort of framing him as a plutocrat who didn't care about the middle class, mitt romney campaign reserved time for the fall, put $20 million into the fall but he was alr
>> i mean you,ed have had all of the advisers at post election conference saying it wasn't. michele bachmann put a ton of time, resources and that didn't turn into anything, as you well know. the governor has said it's irrelevant we should move beyond it. when you have governor of the party saying we should move beyond it and the top consultants on the last campaign saying, yeah it doesn't matter, you know, i think it's probably losing its significance. >> michele bachmann won the...
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his successor, whoever she names, will have to run in 2014 in a special election. that person and senator lindsey graham will both be running at the same time in 2014 and south carolina. dagen: very interesting. dan henninger. thank you very much. connell: it is time for the fha to get in the hot seat. shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming. the housing secretary cannot rule it out. he is highly concerned that there may be one. they found it has a 13.6, pardon me, $16.3 billion capital reserve shortfall. they say it is too soon to say whether the fha will need any money from the treasury. they are increasing fees and making other changes to avoid a bailout. >> it is time to get serious reform for fha. if it is not too late already. right now, the question is quickly becoming not if, but when. peter: the final accounting would be done at the end of fiscal year 2013. the administration says it will not signal his in
his successor, whoever she names, will have to run in 2014 in a special election. that person and senator lindsey graham will both be running at the same time in 2014 and south carolina. dagen: very interesting. dan henninger. thank you very much. connell: it is time for the fha to get in the hot seat. shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming....
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Dec 6, 2012
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just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unweissly, i thought, guaranteed -- unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becoming clear to
just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing...
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Dec 6, 2012
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george brockler is the newly elected district attorney. he'll be sworn in january 8th. he says he won't decide on pursuing capital punishment until he talks to the victims and their families, but he did say this. >> in terms of the death penalty itself, throughout the campaign and my entire professional career i have been in favor as the death penalty as a discretionary tool for an elected district attorney. as a military prosecutor i worked on a case in hawaii where we attempted to get capital charges on a specific murder case. >> reporter: the preliminary hearing in this case is scheduled right now for january 7th. mart in a. martha: thank you vermart in a. martha: thank you very much. bill: jim demint the pep tea party senator from south carolina will leave his position in the senate and take a job at the heritage foundation. it's news crossing right now. bret baier's timing is perfect. he's live in d.c. right now. good morning to you. >> reporter: good morning. bill: demint is the guy who came out of the pau palmetto state. it was cut spending, make government small
george brockler is the newly elected district attorney. he'll be sworn in january 8th. he says he won't decide on pursuing capital punishment until he talks to the victims and their families, but he did say this. >> in terms of the death penalty itself, throughout the campaign and my entire professional career i have been in favor as the death penalty as a discretionary tool for an elected district attorney. as a military prosecutor i worked on a case in hawaii where we attempted to get...
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washington voters approved it last month's election so let me throw this at you. there's ground rules here. you have to be over the age of 21. you can have up to an ounce in your possession. no more. and despite seattle's overnight smoke fest, you are not supposed to light up a joint in public. here's a big catch. you still have to go underground to get it. growing and selling pot illegal. at least for now they are. miguel marquez has the story in seattle. miguel? >> reporter: brooke, for pot smokers here in washington state, it is a day for celebration and partying. the legalization of pot. but proponents of this initiative say this is only the first step. this is what you assume the stores will look like? >> yeah. our stores are going to have the feel of a fine cigar shop. >> reporter: jaman was at microsoft and preparing to open as many as two dozen high end marijuana shops in washington and colorado. yesterday he'd be called a drug dealer. today, an entrepreneur. >> our target market is baby boomers. folks tried it in college a couple times, maybe they didn't
washington voters approved it last month's election so let me throw this at you. there's ground rules here. you have to be over the age of 21. you can have up to an ounce in your possession. no more. and despite seattle's overnight smoke fest, you are not supposed to light up a joint in public. here's a big catch. you still have to go underground to get it. growing and selling pot illegal. at least for now they are. miguel marquez has the story in seattle. miguel? >> reporter: brooke, for...
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Dec 6, 2012
12/12
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CNBC
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we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany up 3.9% in october, a phenomenal performance from german industry and it's worth bearing in mind that german industry is basically in a single currency that is too low arguably for what it should be at. the deutsche mark would ha
we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now...
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you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not belittling the difficulty. these are tough, tough issues. but the stakes are really, really important right now. there is a little wiggle room. >> yeah. >> as far as the president and the democrats are concerned when it comes to raising tax rates for the wealthy. >> sure. the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot tak
you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not...
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Dec 6, 2012
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media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the better macro story in asia has led to quite a few carry trades against the yen and the yuan being one where it has outperformed the yen significantly over the past two, three months. >> south korea sort of dumping a lot of the currency in november, trying to slow the rally. are they going to be anymore successful than they have been? >> it's a mixture of that as well as attempts to reduce speculative lays on the forward so they have for example reduce d the cap on swaps outstanding. but i think players are a mixture of real players and if you do believe that the global economy is on a better
media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the...